ABUJA — Electricity distribution companies collected N603.64 billion of the N744.67 billion they billed in the second quarter of 2026, a collection rate of 81.06 per cent, according to the Nigerian Electricity Regulatory Commission's quarterly report. The Federal Government's tariff subsidy fell 10.34 per cent to N321.26 billion. Benin and Ikeja had the best collection rates at about 92 per cent, while Kano had the lowest at 47.74 per cent. Technical, commercial and collection losses averaged 36.23 per cent against a target of 16.92 per cent, and no distribution company met its target.